Taxation

Deputy Prime Minister Prajin Juntong on 20 June told the Information and Communications Technology Ministry and Thaicom to seek agreement over the latter paying an annual concession fee to the ministry for the use of the Thaicom 7 and 8 satellites. Takorn Tantasith, the National Broadcasting and ...

Myanmar will sign air service agreements with the Netherlands and Mongolia this year, and is drawing up new policies that include tackling the profusion of domestic airlines, the Department of Civil Aviation’s director for transport has said. Myanmar boasts 11 airlines and a 12th – a ...

Champassak provincial authorities have discovered that 94 companies have not paid their taxes for several months after registering their businesses. An official at the provincial Commerce and Industry Department, who asked not to be named, said that the department has set a 30-day deadline for these companies ...

Cambodia’s Customs Department announced on May 27 that it would stop processing paperwork for import and export companies, and halt cross-border activity if they fail to meet today’s deadline for online tax registration. For companies that had yet to receive an official value-added tax licence by ...

In what could be Cambodia’s biggest step forward into the ASEAN Economic Community in terms of taxation deals and fiscal transparency, details on Cambodia’s first bilateral double taxation agreement (DTA) with Singapore have been released. Mey Vann, director of financial industry at the Ministry of Economy ...

The Ministry of Agriculture has rejected a request from private-sector rubber firms – led by agricultural tycoon Mong Reththy – for a meeting to discuss the floundering fortunes of the nation’s rubber sector, claiming the ministry was busy and was already addressing the issue. The rejection ...

Thailand’s Revenue Department will increase corporate income tax deductions for depreciation and entertainment expenses to alleviate business operators’ tax burden, according to its chief. The planned adjustment seeks to make deductible expenses better reflect the current situation with the aim of encouraging business operators to pay ...

Rubber producers said on 6 March the Cambodian government’s decision to amend the export tax scheme on natural rubber fell short of expectations and would do little to stem the losses of farmers as rubber prices hover near a six-year low. Prime Minister Hun Sen issued a ...

The Cambodian government on 4 March signed an agreement with Wing (Cambodia) aimed at leveraging the company’s mobile money platform and extensive nationwide network of agents to facilitate the collection of tax payments. Chou Kimleng, secretary of state with the Ministry of Economy and Finance, said that ...

The Thai government should increase taxes on alcohol just as it has done with cigarettes in order to discourage new drinkers, the Centre for Alcohol Studies says.   Sawitree Assanangkornchai, the centre’s director said alcoholic beverages were considered dangerous and created health and social problems ranging ...